Fretting over North Korea and your portfolio? Don’t, say local money managers
By Erin Arvedlund
What about the robo-advisers, which automate the investing process? Betterment, an early robo-adviser with $10 billion in assets, “feels strongly that we do not want any cash drag. We try to hold zero in cash at all times,” said Alex Benke, Betterment’s vice president of advice and planning, based in New York.